Teradata Corporation director and officer Stephen McMillan filed a Form 144 notice on November 9, 2026, disclosing a proposed sale of 10,000 shares of Teradata common stock on the New York Stock Exchange.

Key Highlights

  • Filer: Stephen McMillan, identified in the filing as both a Director and Officer of Teradata Corporation.
  • Proposed sale: 10,000 shares of Teradata common stock, with an aggregate market value of $318,000.00, with an approximate sale date of November 9, 2026.
  • Source of shares: The securities were acquired on March 1, 2024, through Restricted Stock Units granted by the issuer, with 10,000 units acquired and payment dated March 1, 2024.
  • Shares outstanding: According to the filing, 91,400,000 shares of Teradata common stock were outstanding at the time of the notice.
  • Prior 10b5-1 sale: McMillan sold 10,000 shares on September 15, 2026, for gross proceeds of $300,171.00 under a 10b5-1 plan, as reported in the past-three-months sales section.
  • Trading plan: The filing indicates a Rule 10b5-1 plan was adopted on May 18, 2026.
  • Broker: Morgan Stanley Smith Barney LLC Executive Financial Services, 1 New York Plaza, 8th Floor, New York, NY 10004.

McMillan's Proposed Teradata Share Sale Under 10b5-1 Plan

According to the Form 144 notice filed with the U.S. Securities and Exchange Commission, Stephen McMillan, a director and officer of Teradata Corporation (NYSE:TDC), proposed the sale of 10,000 shares of the company's common stock. The filing lists an approximate sale date of November 9, 2026, with an aggregate market value of $318,000.00. The shares are to be sold through Morgan Stanley Smith Barney LLC Executive Financial Services on the NYSE.

The filing discloses that the 10,000 shares to be sold were acquired on March 1, 2024, through Restricted Stock Units issued by Teradata Corporation as the named person from whom the securities were acquired. The filing notes no gift arrangement was involved and identifies the nature of payment as "N/A." The notice also states that a Rule 10b5-1 written trading plan was adopted on May 18, 2026, under which the proposed sale is being made.

In the section covering securities sold during the past three months, the filing reports that McMillan sold 10,000 shares of Teradata common stock on September 15, 2026, for gross proceeds of $300,171.00, also under the 10b5-1 plan. The total shares of Teradata common stock outstanding are listed in the filing as 91,400,000. By signing the notice, McMillan represented, as of the plan adoption date, that he was not aware of any material adverse information regarding Teradata's current and prospective operations that had not been publicly disclosed.

What Was Disclosed

Teradata director and officer Stephen McMillan filed a Form 144 notice proposing the sale of 10,000 shares of common stock valued at $318,000.00, acquired via Restricted Stock Units on March 1, 2024, to be executed under a 10b5-1 plan adopted May 18, 2026.